Synthetix// What to do?Price is currently at a high area of value for both bears & bulls. Stakers and swing traders...Currently sitting on support and also on the up trend TL.
Price is showing some rejection but the sellers are still in control. Right now the best thing to do would be either wait...OR just so you have exposure, add a small toe hold order and if your bias works out, add more; if it doesnt, close and write it off as a small loss.
I will be waiting for more signs to give me more conviction.
Previous analysis linked.
